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We expect a $89.606 movement on TN within 12 hours following the release of Unemployment Rate.

We expect a $89.606 movement on TN within 12 hours following the release of Unemployment Rate at 02 Jul 09:00. We expect TN to trend downwards 12 hours following the event release at 02 Jul 09:00 if the released value is < 7.7%. A price movement of 57 pips is expected. Historical events that allowed us to draw this conclusion

03 Jun 09:00
30 Apr 09:00
30 Jan 10:00
01 Jul 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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